World share market lately loss a few trillion dollars, due to the recent corrections of stock markets all over the world. The world market is about say USD65 trillion, a 5% drop will cause someone USD3 trillion, whether realised or not.
This is the result of Greed. You may ask, how may greed arise? Well, there there a lots of hedge funds out there who speculate in the markets with borrowed money. When sentiment change, there will be the first to dump and run.
Greed is a social ill. Why are most people, young or old, is greedy? Is this human nature born with? When I said most, of course, I was referring to 99.9% of the people I know, not the 7 billion people.
There is no good consequences of being Greedy, period. Some are just more serious than the other. Anyway, one must learn to let it go.
The lesson here is DON'T be greedy in all aspect of life.
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